The SAFETY Act As A Tool To Manage Risk
Last month, at our 13th Annual Airline Symposium, we had the opportunity to present an overview of the SAFETY Act and its application to the aviation industry. Many of you reached out to us seeking more information. Join us on April 3rd, when we will answer your most frequently asked questions about the SAFETY Act, the protections it can provide you, and how to take advantage of it.
In today’s world, a lone individual has the capability to quickly injure or kill large numbers of people. The attacker doesn’t have to use a bomb, or even a semi-automatic rifle. It can be something as simple a rental truck driven into a crowd.
The aviation industry employs a layered defense to meet these threats. Airlines, security contractors, airports and their vendors, catering and fueling companies all have a role to play. If, however, the worst should happen, every company, even tangentially involved in the incident, will be sued regardless of where they are in the chain of events.
Because no defense can be perfect, everyone has to face the problem of how to minimize what is, unquestionably, a “bet the company” risk. The little known SAFETY Act is an invaluable tool to protecting every entity that has a responsibility for protecting the public. Depending on the level of SAFETY Act coverage, a company can be immune from suit, enjoy a cap on damages, and be guaranteed of being able to get out of an unfriendly state of local court. In addition, getting SAFETY Act coverage can give you a significant competitive advantage, because the protection covers all of customers as well.
Among the questions we will examine in this 90-minute complimentary webinar are:
• What are the different levels of certification and how does their protection vary?
• Does the SAFETY Act only apply to technology and devices, or does it include services?
• What is the difference between receiving a “designation” and “certification?”
• What is the Department of Homeland Security looking for in an application?
• Do I have to disclose my proprietary and sensitive technology?
• Is the SAFETY Act coverage limited to physical attacks?
• Does the SAFETY Act apply to attacks occurring outside the United States?
The slide deck is available here.